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Destin 32541 Pine Ridge Trace
44 Pine Ridge
$137,681
● House - Off Market

44 Pine Ridge

Destin, FL 32541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,024 Ft²
$239,427
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

This is a cute 3 bedroom, 2 bath home in Destin! The home features crown molding, a built in hutch, French patio doors, a fireplace, bay window in living room and a 1 car attached garage. The backyard is fenced and perfect for entertaining family and friends. The location is convenient to all Destin has to offer, shopping, schools, restaurants, beaches, bays and employment opportunities.
Unit Size
1,024 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$132
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (ECAR MLS #719372)

Price History

Date / Event Date Event Price
Sep 1, 2015 Sold
Premium
Sold
Dec 12, 2014 Listed by Keller Williams Realty Destin $134,900
Listed by Keller Williams Realty Destin

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,432
  • Total Building Area: 1,561
  • Gross Building Area: 1,561
  • Building Area: 1,024
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,024
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RIDGE
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: PINE RIDGE TRACE RE/SUB PB 12 PG 14 LOT 3 BLK C

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023305

Geography

  • Assessors Map Reference: 47
  • Parcel: 00-2S-22-2077-000C-0030
  • Block: C
  • Lot: 3
  • Municipality: DESTIN
  • Latitude: 30.4065
  • Longitude: -86.4796

    Address

  • Full Address: 44 Pine Ridge Trce
  • Address - House Number: 44
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Trce
  • State: FL
  • City Name: Destin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2046
  • Zip Code: 32541

Valuation

    Tax

  • Total Area: 1,225
  • Tax Year: 2023
  • Tax Amount: $106,991
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 317,702
  • High Value: 384,915
  • Low Value: 250,489

    Market Valuation

  • Market Total Value: $202,345
  • Market Land Value: $67,321
  • Market Improvement Value: $135,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,098

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2015
  • Current Sale Recording Date: Sep 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3019447
  • Previous Sale Recording Date: Dec 09, 2014
  • Previous Sale Contract Date: Dec 08, 2014
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pine Ridge Trace

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$182

Above Asking

0.00%

Average Days on Market

17

Average Home Size

1106 ft²

Average Home Age

42 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: The Kelly Group Team, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 719372
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 44 Pine Ridge Trace built and last sold?
The property at 44 Pine Ridge Trace was built in 1991 and last sold on Aug 26, 2015 for $137,700.
How much is this home worth?
The estimated value of the home located at 44 Pine Ridge Trace is $0.
What are some comparable homes to 44 Pine Ridge Trace?
There are currently no comparable homes to 44 Pine Ridge Trace.
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